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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?

To: Nutty Buddy who wrote (3125)	7/16/2002 10:48:02 PM
From: Gottfried	Respond to of 7832

Buddy and Bob, you might be interested that NDX now has 29 stocks on PnF buy signals - up from 21 yesterday and from 8 at the low. Message 17747462 PS: StockCharts is easy to screen for PnF buys, that's why I use it as an indicator of sector health. Gottfried

To: Nutty Buddy who wrote (3125)	7/17/2002 6:13:30 AM
From: robert b furman	Read Replies (2) \| Respond to of 7832

Hi Buddy, Nice work and thank you for the frequent update. Your timing contribution to this thread is a great asset - just can't say thanks enough to you and Gottfried as well. Looks to me like we are 1-2 days away from a reversal.Intel's announcement is being hyped by the news media - especially the 4000 layoffs. Bryant was on CNBC and he said it was the planned attrition rate of retirements and normal reorg.He said business hasn't turned and all departments were asked to cut 5% to enhance margins.Last but not least the second half historically is always better - so that is no news - but I'm thinking the 9/11 depreciation benefits will result in companies making some purchases. I think that is why Henley from Oracle also confirmed last week that "the worst has been seen". Personally today I'm buying 3 new Dells for the dealership - been putting it off - but have to move - new hires and an upgrade for my office - yippee!gg I'm hoping this Intel announcement is the pivot point.Their margin improvement actually turned Intc up in AH.But this mornings news may get us a great entry point. In 98 Intel bottomed on 06/03 @ a low of 14.20 (adjusted for splits) It later came close to that low on 09/01 @ 15.08 - .88 cents above its previous low 90 days later. Intc's previous low was 7/03 @ 16.26. 16.26 + .88 = 17.14 looks to be a good start for an average down trade position. Premarket shows futures up - with the market talking about IBM's numbers. Intc ,Ibm would make a nasty 1-2 punch no? Regarding vix - any reading over 48 puts us in the two highest spikes: October 98 vix popped up to 48 and then as the market double bottomed had a final spike to 61 ish. September 01 was a single spike to 54. Any pop over 48 was a good timing tool to do some great buying. In sept I bought Intc @ 19 1/2 and Cohu @ 13.23 waiting for the double bottom that never happened. So its flip a coin on the next spike. All we know is yesterday's print of 43.73 puts us real close to a buy the dip. Intc's positive view on Q2 and Motorola's actual earnings are plusses and Apples disappointment and Klic's loss are the negatives. Waiting for a vix spike to buy Intc on a bluelight special. I still say when the volume gets going - their efficiencies and margins will amaze us all.JMHO Bob